W. R. Berkley Corp., the Greenwich-based insurance holding company, has launched Berkley Prime Transportation, a new division focused on primary commercial transportation insurance products.
Jeanne R. Fenster was named president of the new division. She was previously senior vice president and global head of commercial auto and general liability at AIG. Earlier in her career she worked as vice president of commercial auto product and underwriting at The Hartford and as senior product manager for commercial auto at Progressive Insurance.
“The establishment of this new division will enable us to expand our footprint in commercial auto at a particularly good time,” President and CEO W. Robert Berkley Jr. said. “Jeanne has a wealth of expertise in both transportation insurance and predictive modeling and analytics that will allow us to leverage high-tech solutions to create an ‘ease of use’ brand. Additionally, the division’s data and analytic tools will provide opportunities for broad application throughout much of the group that will offer greater value to all stakeholders.”